Industry News

Washington-based subprime lender closes doors

Mortgage Investment Lending Associates lays off 300
Published on Apr 24, 2007

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by CareyBot

Wholesale lender Mortgage Investment Lending Associates Inc. has closed its doors and laid off 300 employees. The Mountlake Terrace, Wash., company specialized in subprime loans, using an automated online system that provided mortgage brokers with fast commitments on loans that ...

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